School busing for private students in NJ has been a right since 1927. This right is not in every state for example Maryland citizens do not have this right. It is no different than the right say, to be able to walk down the street without being searched.
In NYC the police had a policy called stop and frisk, in order to get guns off the streets, people were asked if they are carrying a gun and many times frisked. The police maintained records of this and apologized if nothing was found. The fear of being caught with a gun was enough to keep the guns off the street and preventing thousands of crimes. Since this was done in high crime areas blacks were more likely to be searched. In fact, it was proven that hundreds of thousands of blacks were stopped unnecessarily each year and a court ruled it was a civil rights violation.
The question is not, will Yeshiva students come to school? The question is will the low income public school students drop out?
It is the public school student’s attendance that determines school funding a 10% drop in attendance = a loss of $15.1 million per year. Last year the district owed the state $1.5 most likely due to attendance.
As far as getting any additional funding, last years they got a 9% increase via property tax referendum not going to happen. Also the United States was founded under the concept of no taxation without representation. Since the State overrode the elected school board the property owners should not have to pay that portion of Property Taxes. This will require a court case. But if a case can be made that the state took over the district just to deny yeshiva student from getting mandated benefits they will win and get a reduction in taxes. The State will have to either increase its contribution or the district will have to cut expenses drastically. Also the ability for the state to take over a school district maybe limited. Once the school board is in charge of this district I think many of the school administrators will be looking for a new job.